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(MCX) Multi Commodity complete technical analysis [charts+indicators] | Buy/Sell Multi Commodity | (MCX) share price targets

Complete technical analysis of Multi Commodity (MCX) by charts plus indicators, forecast predictions and share price targets for Multi Commodity (MCX)

Multi Commodity trades in NSE in Other Financial Services sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Multi Commodity is 537144

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	3660.05	3731.70	3758.00	3650.00	0.637 times
27 Tue Feb 2024	3720.25	3664.90	3749.90	3652.50	1.221 times
26 Mon Feb 2024	3663.60	3679.95	3705.00	3623.75	0.446 times
23 Fri Feb 2024	3676.95	3687.40	3715.00	3636.00	0.394 times
22 Thu Feb 2024	3668.00	3687.00	3687.00	3606.55	0.64 times
21 Wed Feb 2024	3653.95	3733.55	3756.00	3635.65	0.959 times
20 Tue Feb 2024	3708.05	3715.00	3766.00	3691.05	0.84 times
19 Mon Feb 2024	3708.90	3614.00	3724.95	3593.05	1.104 times
16 Fri Feb 2024	3584.75	3488.00	3626.05	3435.70	1.483 times
15 Thu Feb 2024	3454.05	3398.00	3498.00	3351.45	1.038 times

My analysis of stock is bullish for shortterm, and stock might move up till 3799.6 or till 3976.6. Use a stoploss of 3652.1 and if this stock hits its stoploss, then it can fall down till 3504.61

Share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Target	1913.15
Downside Target	2337.85
Downside Target	2417.20
Downside Target	2958.00
Downside Target	3059.25
Downside Target	3219.00
Downside Target	3292.00
Downside Target	3452.00
Downside Target	3593.05
Upside Target	3758.00
Upside Target	3766.00
Upside Target	3785.00
Upside Target	3990.00

Intraday share price targets for Multi Commodity (MCX)

Target Type	Value
Downside Intraday Target	3603.2
Downside Intraday Target	3546.35
Upside Intraday Target	3737.45
Upside Intraday Target	3814.85
Upside Intraday Target	3680.6

Weekly technical analysis of Multi Commodity (MCX)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	3660.05	3679.95	3758.00	3623.75	0.585 times
23 Fri Feb 2024	3676.95	3614.00	3766.00	3593.05	0.428 times
16 Fri Feb 2024	3584.75	3785.00	3785.00	3292.00	1.139 times
09 Fri Feb 2024	3829.90	3684.80	3990.00	3610.00	1.134 times
02 Fri Feb 2024	3655.10	3250.00	3681.80	3226.45	1.353 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Multi Commodity (MCX)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	3660.05	3402.05	3990.00	3292.00	1.245 times
31 Wed Jan 2024	3414.05	3195.00	3452.00	2958.00	0.757 times
29 Fri Dec 2023	3199.85	3210.00	3344.00	3059.25	0.435 times
30 Thu Nov 2023	3195.35	2355.00	3219.00	2337.85	0.886 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Multi Commodity (MCX)

Price action analysis of Multi Commodity ( (MCX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Multi Commodity ( (MCX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Multi Commodity ( (MCX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Multi Commodity ( (MCX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Multi Commodity stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Multi Commodity in short term but the sell signal is initial and weak.

Multi Commodity Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Multi Commodity in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Multi Commodity is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3642.89 and Multi Commodity (MCX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Multi Commodity (MCX) stock. Volume based technical analysis of Multi Commodity (MCX) stock is negative.

Multi Commodity Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.